Got a tricky question? Receive an answer from students like you! Try us!

The Influence of Global Economic and Political Environment on Airline Industry in China. - Essay Example

Only on StudentShare
Masters
Author : josephineolson
Essay
Miscellaneous
Pages 8 (2008 words)

Summary

The current global environment has drastically changed with the advent and rapid development of "globalisation". Globalisation affects all nations in the 21st century, impacting them in one way or another, at different levels, and in various aspects of society such as economy, social life, culture, traditions, and technology…

Extract of sample
The Influence of Global Economic and Political Environment on Airline Industry in China.

"Globalisation" was coined by Levitt (1983) who describes it as the shrinking of the world as brought about by the expansion of the reach of global media and the reduced cost of communication, resulting in the convergence in the tastes of consumers worldwide and the large-scale creation of global markets for standardised products. According to Giddens (2001), it is "the growing interdependence between different people, regions and countries in the world as social and economic relationships come to stretch worldwide".
It is these economic and political relationships which have encouraged nations to reevaluate their political agenda and economic policies. According to Rosenberg (2000), "The term 'globalisation' after all, is at first sight merely a descriptive category, denoting either the geographical extension of social processes or possibly, as in Giddens' definition, 'the intensification of worldwide social relations'."
Among the major economic changes in a more globalised world is the diminishing role of nation-sates and the increased significance of transnational corporations in the transformation of the economies in bothy the national and international scales. ...
Download paper

Related Essays

Low cost airline
This actually began in US and then to Europe in 1990s and then gradually to the rest of the world (www.wikipedia.com).…
36 pages (9036 words)
Airline Operations Essay
The current market-centric performance of the two airlines is determined by their internal and external environments. For instance the internal environment consists of the airline's strength/weakness and opportunity/threat framework, organizational culture, leadership style, management and organizational structures, quality, value chain and HR management, communication, operations, finances, marketing, operations and so on. On the other hand the external environment consists of political, economic, social, technological, regulatory/legal and general environmental factors along with external…
18 pages (4518 words)
Economic Profile for the Airline Industry
In the end the paper observes the influence of governmental policies on the success and failure of the airline industry.…
8 pages (2008 words)
STRATEGIC MANAGEMENT EUROPEAN AIRLINE CASE STUDY
The above issues have really affected the industry making airlines hard to survive and eventually leading to strategic alliances amongst the players in the industry. The macro environment analysis refers to the analysis of the political, economic, technological, environmental and social environment factors in the business environment.…
6 pages (1506 words)
Economic Theory - Airline Industry
This paper examines the economic profile of the airline industry paying attention to issues such as shifts and price elasticity of supply and demand, positive and negative externalities, wage inequalities and monetary and fiscal policies. The first part of the report provides an overview of the airline industry while the second part of the report focuses on the above listed variables.…
10 pages (2510 words)